Question: Please Show steps on how to solve these equations 1. 2. 3. Grissom Corporation sells two products. The sales mix is 70% (Product CT-9) and
Please Show steps on how to solve these equations
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Grissom Corporation sells two products. The sales mix is 70% (Product CT-9) and 30% (Product CT-11). Product CT-9 has variable costs per unit of $110 and a selling price of $150. Product CT-11 has variable costs per unit of $115 and a selling price of $195. Grissom's fixed costs are $260,000. How many units of Product CT-9 would be sold at the break-even point? ng s Question 4 3 pts Tutori You are that have ts Which of the following statements is not true? Supple. You are n upport O When a company's sales revenue is decreasing, high operating leverage is good because it means that profits will decrease at a slower pace than revenues decrease. that have available. s O When a company's sales revenue is increasing, high operating leverage is good because it means that profits will increase rapidly. cordings Companies that have higher fixed costs relative to variable costs have higher operating leverage. book Operating leverage refers to the extent to which a company's net income reacts to a given change in sales. sources ETE FALL Graw Hill o earch port Hawthorn Corporation can sell all the units it can produce of either Product Mor Product O but not both. Product M has a unit contribution margin of $3 and takes 0.2 machine hours to make and Product O has a unit contribution margin of $5 and takes 0.3 machine hours to make. There are 2,400 machine hours available to manufacture a product. What should Hawthorn do? rdings Make M because it creates more profit per machine hour than O does. O Make O because it creates more profit per machine hour than M does. ok O Make M because more units can be made and sold than 0. arces The same total profits exist regardless of which product is made. E FALL w Hill Make O because it creates more profit per unit than M does. aluation Next Previous
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